Affordable and Versatile Multi-Family Property in Parry Sound. This 23-room rooming house offers an unbeatable investment opportunity for families, retirees, or first-time investors. Located on a level lot with room for parking expansion, the property ensures added convenience for tenants and visitors alike. Enjoy the benefits of downtown living this property is just a short walk to shops, restaurants, and other amenities. Perfect for multi-generational living or as a cash-flow investment, it offers the flexibility to live in one unit while renting out others. Property Highlights: Top Floor: 7 rooms, 2 bathrooms (1 three-piece, 1 four-piece)Second Floor: 9 rooms, 2 bathrooms (1 three-piece, 1 four-piece)First Floor: 6 rooms, 2 bathrooms, kitchen area, and storage area Basement: Spacious kitchen, dining, living area, bedroom combo, and a 4-piece bath. Bonus: walk-up attic potential loft. With a vibrant community, room for growth, and strong income-generating potential, this property is a smart choice for anyone looking to invest in Parry Sounds thriving market. Schedule your viewing today! (id:4069)
Address
21 RIVER STREET
List Price
$875,000
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Parry Sound
Bedrooms
18
Bathrooms
7
Floor Area
5,000 Sq. Ft.
Lot Size
65 x 164 FT ; 65.93 FT 164.39 FT X 65.93 X 164.35 FT Sq. Ft.
MLS® Number
X11915189
Listing Brokerage
Royal LePage Team Advantage Realty
Basement Area
N/A
Postal Code
P2A2T7
Zoning
R2
Site Influences
Hospital, Place of Worship
Features
Level
Amenities
Separate Heating Controls
Open Houses
- January 25, 11:00 AM - 1:00 PM